FDIC Consumer News - Spring 2010: New Realities, Directions for Credit Cardholders

In 2009, Congress passed a new law for credit cards that helps protect consumers from most instances of sudden interest rate increases and other unfavorable changes in fees and account terms. Most of the rules implementing the law are now in effect, and the remaining provisions will be effective on August 22, 2010. Here are 8 ways to avoid pitfalls in areas such as interest rate and fee increases.

Category:

Education

Tags:

• credit cards
• new laws